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    h2 Ripple Trade Terms of Use
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  p <strong>Last Updated</strong>: June 30, 2015
  p Welcome to the <strong>Ripple Trade</strong> site and services (rippletrade.com and id.ripple.com) 
    | provided by Ripple Trade, LLC, Inc. (“we” or “us”).  Ripple Trade is a hosted version of the open source
    | Ripple software client that allows users to access the decentralized Ripple transaction protocol
    | payment network ("Ripple Protocol").  Ripple Trade also provides a data storage service (“Blobvault”) 
    | that facilitates Ripple Trade transactions and stores information about the user. We hope
    | you find Ripple Trade to be useful as a tool to access and use the Ripple Protocol.
  p Please read these Terms of Use <strong>"Terms"</strong> carefully as they explain your and
    | our respective rights and responsibilities associated with your access to, and use of, Ripple Trade.
    | We reserve the right to change or modify these Terms at any time and in our sole discretion. 
    | If we make changes to these Terms, we will provide notice of such changes by posting the revised 
    | Terms to the Ripple Trade website and updating the “Last Updated” date above.  We may also, 
    | in our sole discretion, provide additional notice, such as by sending an email notification 
    | and/or by posting a notice on the homepage of the Ripple Trade website. Your continued use 
    | of Ripple Trade following our provision of any such notice will confirm your acceptance 
    | of the revised Terms. If you do not agree to the amended Terms, you may not continue accessing
    | or using Ripple Trade.
  p 1. <strong>RIPPLE PROTOCOL</strong>. You understand that Ripple Trade allows you to interact directly
    | with the Ripple Protocol to create a Ripple Protocol wallet (“Ripple Wallet”), initiate payments
    | postings to the Ripple Protocol as well as view transaction histories and balances available via the
    | Ripple Protocol.  You understand that Ripple Trade itself does not process payments, or hold
    | transaction histories and balances and is merely a tool for initiating actions that occur within the
    | Ripple Protocol and viewing the record of those actions.  You understand that actual payments are
    | processed via the Ripple Protocol, not Ripple Trade, and that resulting balances shown in Ripple
    | Trade are (i) actually held by third parties or (ii) in the case of XRP, held through a chain of
    | custody documented on the Ripple Protocol public ledger (“The Ledger”).  You acknowledge and agree
    | that we have no control, responsibility or authority over such third parties.  Ripple Trade merely
    | interoperates with such entities via the Ripple Protocol.  For more information about the Ripple
    | Protocol, including Ripple Protocol transaction fees, please visit the <a href="https://ripple.com/learn/">Ripple Knowledge Center</a>.  You further
    | acknowledge and agree that transactions you initiate within the Ripple Protocol will be available to
    | the public on the Internet via The Ledger.  Ripple Trade allows you to view the public payments data
    | posted for Ripple Wallets – including your own Ripple Wallet.  Once data is shared to the Ripple
    | Protocol, neither Ripple Trade nor any third party may selectively censor or blacklist access to, and
    | subsequent use of, such data.
  p 1. <strong>BLOBVAULT; PRIVACY POLICY</strong>. The Blobvault is Ripple Trade’s hosted data storage 
    | service.  The Blobvault has three separate components: (a) a publicly available component, which 
    | contains the public address associated with a Ripple Wallet and the associated Ripple name; 
    | (b) an encrypted storage component, which contains the private key associated with a Ripple 
    | Wallet and the contact field information of any recipient of a balance sent via Ripple Trade 
    | (such as the Ripple name or Ripple public address of the recipient); and (c) an identification 
    | database, which includes personal information about the Ripple Trade user (such as email address
    |  provided when registering for Ripple Trade and any personal information submitted via Ripple Trade and id.ripple.com 
    |  for identity verification purposes).  For information about how we collect, use and share
    |  Blobvault data, please refer to the Ripple Trade Privacy Policy.   
  p 2. <strong>THIRD-PARTY SERVICES</strong>. You may be able to access and use third-party content and
    | services displayed via Ripple Trade, such as gateway services (“Third-Party Services”), including
    | Third-Party Services that allow you to fund your Ripple Wallet by purchasing and sending balances 
    | of digital and real currencies directly to your Ripple Wallet.  When using any Third-Party
    | Services, you are interacting directly with such services, not us, and you agree to comply with any
    | terms and conditions applicable to such services.  Ripple Trade may display or otherwise highlight
    | certain Third-Party Services for your convenience, but we do not endorse any Third-Party Services.
    | You are solely responsible for your use of any Third-Party Services.  We are not a party to, make no
    | representations or warranties as to, and have no responsibility or liability with respect to any of
    | your communications, transactions, interactions, disputes or any relations whatsoever between you and
    | any third party providing the Third-Party Services, including any fees that may be charged to you in
    | connection with your use of any Third-Party Services.
  p 3. <strong>SECRET KEY AND PASSWORD</strong>. Your Ripple Wallet and your Blobvault are protected from 
    | unauthorized access and use by others via a secret key and password held by you 
    | and not Ripple Trade. RIPPLE TRADE CANNOT ASSIST YOU IN RECOVERING YOUR SECRET KEY AND PASSWORD. 
    | IT IS YOUR SOLE RESPONSIBILITY TO KEEP YOUR SECRET KEY AND PASSWORD PROTECTED FROM UNAUTHORIZED 
    | DISCOVERY. Ripple Trade is not responsible for the consequences of another party accessing and
    |  using your Ripple Wallet or your Blobvault data because it is your sole responsibility to keep 
    | your secret key and password from being accessed and used by unauthorized third parties.
  p 4. <strong>BLOCKING</strong>. You understand and agree that we may block excessive or abusive use of
    | Ripple Trade from a particular IP address at any point in time and for any length of time, in our
    | sole discretion.  Even if we block access to Ripple Trade, you may still access your Ripple Wallet
    | via other Ripple client software.
  p 5. <strong>ACCEPTABLE USE</strong>. You agree not to use Ripple Trade to violate any applicable law,
    | contract, or third-party right or to engage in any transaction involving illegal products or
    | services.  You further agree not to:
  p - Use Ripple Trade in any manner that could interfere with, disrupt, negatively affect or inhibit
    | other users from fully enjoying Ripple Trade, or that could damage, disable, overburden or impair
    | the functioning of Ripple Trade in any manner;
  p - Attempt to circumvent any security techniques we employ, or attempt to access any service or area
    | of Ripple Trade that you are not authorized to access;
  p - Introduce to Ripple Trade any virus, trojan worms, logic bombs or other harmful material; and
  p - Encourage or induce any third party to engage in any of the activities prohibited under this Section.
  p 6. <strong>COPYRIGHT COMPLAINTS</strong>. If you believe anything on Ripple Trade infringes upon any
    | copyright which you own or control, you may file a notification of such infringement with our
    | Designated Agent as set forth below.
  p Name of Designated Agent: Anna See
  p Full Address of Designated Agent: 300 Montgomery St. 12th floor, San Francisco, CA 94104-3503
  p Telephone Number of Designated Agent: 415.967.1836
  p Facsimile Number of Designated Agent: 415.520.5585
  p E-Mail Address of Designated Agent: anna@ripple.com
  p 7. <strong>DISCLAIMER</strong>. MANY JURISDICTIONS HAVE LAWS PROTECTING CONSUMERS AND OTHER CONTRACT
    | PARTIES, LIMITING THEIR ABILITY TO WAIVE CERTAIN RIGHTS AND RESPONSIBILITIES. WE RESPECT SUCH LAWS;
    | NOTHING HEREIN IS INTENDED TO WAIVE RIGHTS OR RESPONSIBILITIES THAT CANNOT BE WAIVED.
  p To the extent permitted by applicable law, (a) we make no promises as to Ripple Trade, its
    | completeness, accuracy, availability, timeliness, propriety, security or reliability; (b) your
    | access and use are at your own risk, and Ripple Trade is provided “AS IS” and “AS AVAILABLE”; and
    | (c) WE, OUR PARENT COMPANY AND AFFILIATES, AND OUR AND THEIR OFFICERS, DIRECTORS, EMPLOYEES
    | (“XRP II, LLC ENTITIES”), DISCLAIM ALL WARRANTIES & CONDITIONS, EXPRESS OR IMPLIED, INCLUDING, BUT
    | NOT LIMITED, TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE, OR
    | NON-INFRINGEMENT.
  p 8. <strong>LIMITATION ON LIABILITY</strong>.
  p (A) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL THE XRP II, LLC ENTITIES BE
    | LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, OR ANY LOSS
    | (E.G. OF PROFIT, REVENUE, DATA, OR GOODWILL).  Some jurisdictions do not allow the limitation or
    | exclusion of liability for incidental or consequential damages, so some of the limitations of this
    | section may not apply to you.
  p (B) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL THE AGGREGATE LIABILITY OF
    | THE XRP II, LLC ENTITIES, WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE, WHETHER ACTIVE,
    | PASSIVE OR IMPUTED), PRODUCT LIABILITY, STRICT LIABILITY OR OTHER THEORY, ARISING OUT OF OR RELATING
    | TO THE USE OF, OR INABILITY TO USE RIPPLE TRADE OR TO THESE TERMS EXCEED $100 U.S. DOLLARS.
  p 9. <strong>DISPUTES; INDEMNITY</strong>.  You agree (a) that any claim, cause of action and dispute
    | (“Claim”) arising out of or related to these Terms or your Ripple Trade use is governed by California
    | law regardless of your location or any conflict or choice of law principle; (b) that any Claim must
    | be resolved exclusively by state or federal court in San Francisco, California (except we may seek
    | injunctive remedy anywhere); (c) to submit to personal jurisdiction of said courts; (d) any Claim
    | filed later than 1 year after the facts giving rise to such Claim occurred are hereby waived and shall
    | be forever barred; and (e) (except government agencies) to defend, indemnify and hold harmless each
    | and all of the XRP II, LLC Entities for any damage, loss, and expense (including, but not limited to,
    | attorneys’ fees) arising from any Claim related to these Terms or your Ripple Trade use.
  p 10. <strong>OTHER TERMS</strong>. These Terms contains the entire agreement, and supersedes all prior
    | and contemporaneous understandings between the parties regarding Ripple Trade.  These Terms do not alter
    | the terms or conditions of any other agreement you may have with us for any other product or service
    | or otherwise.  In the event of any conflict between these Terms and any other agreement you may have with
    | us, the terms of that other agreement will control only if these Terms is specifically identified and
    | declared to be overridden by such other agreement.  Our failure or delay in exercising any right, power
    | or privilege under these Terms will not operate as a waiver thereof.  The invalidity or unenforceability
    | of any term in these Terms will not affect the validity or enforceability of any other term of these Terms,
    | all of which will remain in full force and effect.
